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20121128
20121206
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CNBC 6
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
hold grover norquist and his tax pledge held on republicans may be loosening. frank bruni thinks republicans devolved into dummies and nor west was their ventriloquist. not everyone saw norquist as the cause of the problem. defending him truth is that mr. norquist doesn't have such power. the voters do. he had the wit to channel the electorate's limited government beliefs into a single issue enforcement mechanism. long-time ally of norquist, jack abramoff who joins me in a moment said simply, news of grover's demise is premature. but in recent interviews, norquist has begun to sound like a petulant leader on the way out. >> the pledge is not for l.i.e. everybody who signed the pledge including peter king, who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than two years or something. >> eliot: warren buffett continued to be the pragmatic voice of the majority. >> i think there is a general feeling among the american public c
and those -- >> and grover norquist. >> -- that dr. peterson just referred to, grover norquist, who are hell bent on expediting their own ideology whatever happens? >> i think there's a quiet civil war going on in the republican party right now between those who want to survive and that's who want to go over their own cliff into ooblivion. the survivors, let's hope john boehner is one of them, are saying to their own kind of suicidal group of right wingers, look, i don't want you to take us along with you. we're going to have to compromise. we don't want to be seen by the public as being shills for the super rich. we want 98% of americans to have a tax cut come next year. i mean, representative tom cole was one of them who was quite explicit in saying we need to be on the side of most americans and be seen as being in favor of a tax cut for 98% of americans. well, let's see what the republicans are going to do. i don't know who is going to come out on the winning side of this civil war, but let's hope that the sane, level heads actually prevail. >> dr. peterson, has it surprised you it appea
into this fiscal cliff grand bargaining negotiations is grover norquist. did you this story about who is behind grover norquist, and who he really represents, and i think that's a really interesting story. who is the money behind grover? >> well, grover norquist is an interesting guy. he's obviously captured the minds and the attention of the entire republican party. but i would like folks to look at him a little bit differently. if you look at grover norquist's budget because he has a large foundation that enforces his pledge. two-thirds of his money, 66% of his budget comes from only two billionaire-backed non-profits groups founded by folks like the koch brothers, the bekdel corporation and karl rove. they're worth billions of dollars who would not like to see their tax rates go up. it should not be any surprise that they're giving money to norquist as their enforcer. >> cenk: a lot of those are in private equities and defense and, etc. shockingly they care about the tax codes and not cutting defense. lee fang, from the nation, thank you so much for joining us. great reporting. >> cenk: than
a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the cliff. that's what they think. they think that you favor -- >> just for the record since we're on tv. that's silly if they think that they shouldn't be ceos. >> it doesn't really matter. that's what they think. >> i want you to walk me up to that moment. >> behind the record. i like that too. >> i'm stuck. like grover is stuck with this pledge he made everybody take which is that they have to go over the cliff because they obviously will not ever say the word tax. they will only say revenue. i'm stuck speaking to many more ceos than grover norquist is. he thinks it's silly. he thinks ceos are silly. i don't think they're silly. they control hiring in this country. many americans play for dinner. i don't think grover norquist cares about who is paying to dinner. he has a pledge. it's important to him an
they will break with protocol. with grover norquist and his tax pledge to reach the deal on the fiscal cliff is sticking in solidarity with it. we're asking what he would be willing to compromise on. >> as we mentioned, house speaker boehner and other leadership meeting with treasury secretary geithner. boehner is expected to hold a press conference afterwards at 11:30 a.m. and we will bring it to you live. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you can st
of this whole debate is a man named grover norquist. did you sign the grover pledge? >> no, i did not. i was a governor for ten years. i've got a long track record of not only holding the line on taxes but reducing taxes. and i believe that we have too much -- at the national level, too much taxation, too much regulation but, no, i did not sign the pledge. >> let me ask you about the idea that revenues are on the table as the speaker has said. i'm curious what that really means. does that signal a willingness on the part of the gop to see some people's taxes go up, or does it mean that the revenue increases will derive from economic growth and -- >> speaker boehner and republicans are reaching out to the administration. speaker boehner has said we'll put revenue on the table, not through higher tax rates but through closing loopholes and limiting deductions. that accomplishes exactly what the administration has demanded. >> but that means somebody's taxes will go up. >> sure. >> if you close loopholes an deductions. >> we'll make sure rates don't go up so you don't impact small businesse
the whole thing? neil cavuto is coming in. grover norquist made this suggestion over the weekend. we are not sure whether it is a good idea. lori: it is televised enough. the dow off 23. flirting with 13,000. verisign, green mountain coffee, seeing green. we will be back right after this. ♪ can i help you? i heard you guys can ship ground for less thn e ups store. that's right. i've learned the only way to ge a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ound shipping at fedex office. lori: put it on tv. grover norquist saying the president should go into a room with c-span cameras present. connell: neil cavuto joins us now. what do you think of this idea of putting it on television? neil: i do not think it is a good idea. this would really heighten it a little more. i think grover's point about how they should be held accountable and everyone should see how they come to these decisions, you kind of know how they come to these decisions. i do not think cameras and the whol
arguing against the grover norquist tax pledge. chris gibson says the pledge he signed in 2010 no longer applies since redistricting changed the numbers. he signed as a candidate for new york's 20th congressional district and said moving forward he doesn't plan to re-sign it for the 19th congressional district for which he now represents. okay. the opening bell just rang. let's get right to the market rundown. cnbc's becky quick is here. good morning, becky. >> reporter: good morning, chris. great to see you. we are looking now at the markets just opening and they're opening relatively flat. modest declines for the s&p and nasdaq. modest gains for the dow. that's a surprise today because when you came in this morning you might have expected to see a lot of red arrows. we have been trading almost in lock step with the headlines that have been coming out of washington around the fiscal cliff. when it looks like there is some movement made, when it looks like there's a deal that could be reached, you see the markets go up. when things look bleaker, the markets are going down. that's not the
. remember that? it's a win-win to go over the clip. then you don't break the grover norquist pledge to raise taxes. which is why it's time to prepare for the failure of december talks. maybe we need the hardships main street middle class to become so clear that a compromise that abandons cherished principles may be the only way to avoid a recession, which would give other candidates a chance to rise up and take your seat in congress. hence why i'm not back with the 10% solution, a solution like how the dreaded tarp got through congress, so-called bank bailout. 10% after tarp was first rejected and congress people, constituents who own stock, people who can afford to contribute to campaigns, we better do some compromising. that could happen again if we don't get a deal by year end. it comes down to the final weeks of the year when it's clear we don't have a deal, some will sell their stock economically might save a ton taxes versus the 2013 tax code. the jobless claims that come out at 8:30, right now they aren't going up much because they aren't seeing lots of firings and they aren't going d
and grover norquist has republicans on record i won't vote for a tax increase. are they really ending up here negotiating with themselves in a way that hurts their positions, vis-a-vis the president? >> certainly, they are, i think that the president is energized by the fact he thinks, look, i ran a lousy economy for four years, i left unemployment high, i increased the size of the debt and the deficit, i got everything i wanted, the place is a mess and look, i got reelected. so, what's so hard about me continuing to doing that and blaming it on them. obviously, i'm very good at that and that's base clr where he's going here and the republicans i think are not very good poker players, they're signaled they're relucks tennant to go over the cliff. if you're in this showdown, i is a, come on, bring it. >> paul: they will get blamed if that happens and the president is signaling that. that wouldn't be a pleasant outcome for them. you're saying they should suggest to the president we had he' be willing to do that and maybe he'll give at the end? >> yeah, i think they have to show that they are it
grover norquist and hearing the uprising and all the fury over that that obama was going to have to give them some sort of fig leaf, some sort of concession, say well, yes, we had broken a promise, it was a really difficult decision for a lot of us, but we got "x." you know, the geithner offer of yesterday didn't have any "x." and what's fascinating about this, obama seems totally, totally convinced that if we go over the fiscal cliff, this benefits him. the public will blame the republicans. okay. i suppose it's entirely possible. in fact, it's probable of that category. but does obama really want to start the second term going into recession again? the interesting thing, with this offer on the table, sequestration and the expiration of bush tax cuts for everyone is the best option for republicans right now. but as least under that, you can dispel this notion -- the biggest obstacle is this attitude of the public that we can solve the problem of the debt, we can solve the problem of entitlements just by raising taxes on the rich a little bit. it's fundamentally not true. but my attitude
entitlements, and republican congressman steve lottaret who is willing to break from grover norquist's tax pledge. he's also retiring at the end of this term. gentlemen, good to have both of you with us. mr. welch, i'll begin with you. i'm sure you've noticed, hopefully you've been watching cnbc and see all these pins that we are wearing that say "rise above" calling for you and your colleagues there to get something done on the fiscal cliff. why are you so unwilling to be able to do that? >> well, i am willing to do it. in fact, i work with steve, who you're going to hear from shortly, to advocate for a balanced deal. the real challenge here is practical. do we want to have a bad deal that beats the january 1 deadline, or are we willing to hold out for a more balanced deal, even if that requires us to go into january? >> does that include entitlements? does that mean reforming entitlemen entitlements, particularly medicare? >> absolutely. we have to have health care costs come under control. we can reform them. those of us who are strong supporters of medicare have to be advocates for sys
already sort of bucked the grover norquist pledge a little bit. saxby chambliss, marco rubio, lindsey graham. patty murray. a leader of the party's left wing. she's saying, basically, look, the cliff to me for politics and substance is not the worst deal in the world. it's a terrible deal if we can't get those tax hikes. again, if we can't win this fight now and change that discussion, let's go over the cliff. i'm kind of watching her to see what she says. because it kind of tells you how the president and his team are communicating with the democrats and what the negotiating room is going to be on entitlements. >> nick, thanks so much for that insight. >> thank you guys. >>> next, mitt at the white house? don't be alarmed. he's just having lunch with the president. too bad the president already ate his lunch. >> oh! >> how we think that conversation went as "the cycle" rolls on for thursday, november 29th. we're at walmart with the simmons family. how much is your current phone bill? four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight tal
over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the president what he wants on these taxes, low, in the end, the taxes are going up. we still have a trillion dollar deficit. this does not solve anything. at best, even if they raise the money they think they will, and i don't think they will raise any money, they are still left with a trillion dollar deficit. how are you going to bring down a trillion dollar deficit? i think the democrats are on -- i had to get that off my chest. stuart: gm car and truck sales are up 3%. the stock, dead flat. sales up 3%. that is the car sales numbers coming in today. steve, i want to get back to you here. the democrats say, wa
that they signed with grover norquist. people skeptical about a deal say what really matters is the house. the house is not showing that same level of flexibility, call it whatever you want. is that fair? are republicans in the house -- you're from oklahoma. obviously a red state. are you as resolute as you have always been? >> i am. here's the issue. the tax rate has never been the solution. there's a couple things to keep in mind here. one is obama care taxes kick in january 1st. there are three aspects to that fiscal cliff. the third aspect is the obama care taxes that are coming. there's a 3.8% increase on capital gains, on dividends, interest income for people making 200,000 or more. that's already coming. that's baked in the cake. what the president wants is an additional tax increase rate increase on the same group of people he's already put a rate increase on in january. we're pushing back saying they are taking a hit in january based on the obama care taxes. why talk about a double tax rate increase? second thing to remember in 2007 we spent a trillion dollars less than we spent
. the first caller was alluding to the pledge the congressmen in 2008 took to grover norquist. i feel that is a treasonous act. after the new congressmen came in in 2008, they went through orientation and found apartments. then they boarded the plane and went to israel to get their orders as to what they should do in their first year. host: we will leave it there. talk to us -- we have an article from politico with some advice on effectiveness for new members of congress. the first he says is move to washington. he refers to former speaker tip o'neill. his advice is not practical for every member and their family. it would be wise to show you our constituents who are smart and effective. spend quality time in washington five days a week. it does not seen that happen as much these days. they are in on tuesday morning and out on thursday afternoon. guest: i read that. is outstanding. i will encourage anyone to go to a politico and search for that. it is a personal and political decision on whether they move their families to washington. increasingly, members have chosen not to do it for
. grover norquist said why don't we just get the c-span and watch the sausage being made. it could be too scary. >> brian: they had him out there and he defended himself yesterday. he's doing a good job exactly defining what he's going for. he's not the angry guy everyone portrade himself. mr. #1: makes a point that washington smends too much. another story that everyone is talking about. kansas city chief's player who murdered his girlfriend, shot her nine times and killed himself. brad underwood has more from kansas city. good morning, brad. >> good morning, it has been an emotional high and low in the last couple of days in kansas city. they are continuing to learn more about the events leading up with the incident with javon and his girlfriend casandra perkins and what will happen to zoe. javon's mother the raise the three month old in long island. funeral arrangements haven't been made for casandra or javon. the first thing out of the head coach's mouth. thoughts and prayers going out to both families. javon a starter of the kansas city chiefs and his girlfriend was active in the org
Search Results 0 to 19 of about 20 (some duplicates have been removed)

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